#AIEye
#Podcast 493: GBT (OTCPINK: $GTCH) Completes qTerm Prototype, Enters
Testing/Debugging Phase and Enterprise #AI Software Firm C3.ai (NYSE: $AI)
Opens on #NYSE
Global
Automotive AI Market to Reach $74.5 Billion by 2030
Point Roberts WA, Vancouver BC – December 10, 2020 – Investorideas.com (www.investorideas.com), a global investor news source covering
Artificial Intelligence (AI) brings you today’s edition of The
AI Eye- watching stock news, deal
tracker and advancements in artificial intelligence – featuring
technology company GBT Technologies Inc. (OTCPINK:GTCH).
Listen
to today’s podcast:
https://www.investorideas.com/Audio/Podcasts/2020/121020-AI-Eye.mp3
Read
this in full at https://www.investorideas.com/news/2020/artificial-intelligence/12101GBT-AI.asp
Today’s
Column- The
AI Eye- Watching stock news, deal tracker and advancements
in artificial intelligence
Stocks
discussed: (OTCPINK:GTCH) (NYSE:AI)
GBT Technologies Inc. (OTC PINK:GTCH) has announced that its joint venture, GBT Tokenize
Corp, has completed its AI-powered qTerm human vital signs device prototype,
and is now in the testing and debugging phase. This phase ensures overall
functionality by checking the device’s sub-systems including BLE (Bluetooth Low
Energy), IR heat sensors, oximeter sensors, power management and others. Danny
Rittman, GBT’s CTO, said:
“In
parallel we are testing the device connection with its mobile application via
Bluetooth. The mobile application will provide numerical and statistics
information based on the device's electronic results. The app is designed to
send the data to a machine learning based backend program for further analysis.
qTerm mobile app enables a voluntary, anonymous, proximity alert notification
in order to help users and the community fight the pandemic spread. The app is
designed to detect and alert in case another person, with the same app, and
with elevated body temperature, is in proximity of 6 feet. The app will
exchange a secure code with the other phone to record that they were near. Our
AI technology will analyze the measurements results in order to identify
potential health issues. In case of potential health issue detection, the
system will alert the users in order to reduce the potential exposure risk to
their families, friends, neighbors, co-workers and others. We put extra
attention to the user's privacy and data protection. We are making all of our
efforts to complete the testing as soon as possible in order to move to the
full production of qTerm."
C3.ai, Inc. (NYSE:AI) opened for trading on the NYSE
yesterday at $100 per share, with a first-day gain “as high as 143% with a
market cap nearing $10 billion intraday,” according to an article from CNBC. C3.ai is an enterprise AI software
company and provides software-as-a-service applications such as its
platform-as-a-service application, C3 AI Suite. The CNBC article goes on to
indicate that C3.ai “closed trading ranked No. 12 year-to-date among public
offerings, more than doubling in its debut and ending the day up 120%.” The
company’s founder and CEO, Tom Siebel, said:
“The
markets will do what the markets will do. This is a financing event for C3 to
enable us to meet the needs of rapidly expanding demand for what we do ... and
we’re very pleased to be able to participate. This is a testament to the great
work that the employees of C3 have done over the least decade and now we’re
ready to expand this business to global scale.”
Global
Automotive AI Market to Reach $74.5 Billion by 2030
A report published by Research and Markets finds that the global
Automotive AI market will grow from $2.49 billion in 2019 to $74.5 billion by
2030, with a compound annual growth rate (CAGR) of 36.2 percent in the forecast
period 2020-2030. An excerpt from the report description outlines some trends
in the market:
The
growth of the automotive artificial intelligence market is attributed to the
rise in the demand for autonomous vehicles and the increase in the preference
for improved user convenience and experience. However, security and privacy concerns
and rise in cybercrime are impeding the market. On the other hand, surge in the
demand for premium vehicles is anticipated to create lucrative opportunities in
the market.
Sam Mowers, Investorideas.com
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About
GBT Technologies Inc.
GBT Technologies Inc. (OTC PINK: GTCH) (“GBT”) (http://gbtti.com)
is a development-stage company which considers itself a native IoT creator,
developing Internet of Things (IoT) and Artificial Intelligence (AI) enabled
mobile technology platforms. GBT has a
portfolio of Intellectual Property that, when commercialized, will include
smart microchips, mobile and security applications and protocols, and
supporting cloud software. GBT’s system
envisions the creation of a global mesh network. The core of the system will be its advanced
microchip technology that can be installed in any mobile or fixed device
worldwide. GBT envisions this system as a low-cost, secure, private mesh
network between any enabled devices, providing shared processing, advanced
mobile database management/sharing and enhanced mobile features as an
alternative to traditional carrier services.
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